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The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that Nigeria remains one of the most expensive countries in the world for petroleum upstream projects.
The House of Representatives Joint Committees on Petroleum (Upstream, Downstream and Gas) have applauded the Nigerian National Petroleum Corporation (NNPC) for breaking new grounds in its commitment to transparency and accountability.
The House of Representatives’ Committees on Petroleum Upstream, Downstream and Gas Resources, yesterday asked the Nigerian National Petroleum Corporation (NNPC) to open up its books on various expenditures incurred on Joint Venture operation (JVC), pipeline maintenance, rehabilitation of refineries, among others.
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has announced the appointment of Mr. Richard (Rick) Kennedy to the position of Chairman and Managing Director.
The Central Bank of Nigeria (CBN) has released its framework for the National Mass Metering Programme (NMMP).
The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari on Tuesday, said the delay in the passage of the Petroleum Industry Bill (PIB) is fuelling uncertainty in the oil and gas industry.
Mallam Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.
The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.
The Southern and Middle Belt Leaders Forum, has accused the Federal Government of clandestine moves to revive the rejected Water Resources Bill, warning that such agenda would be inimical to the growth and development of the country.
The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, is yet to recover N2.9 trillion debts owed it as at the end of 2018, according to a report published by a research and data analytics firm, Dataphyte Nigeria.
Governor Samuel Ortom of Benue State has described the National Water Resources Bill as another Ruga aimed at creating grazing areas for herdsmen along shorelines.
Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing One billion standard cubic feet of gas per day (1bscfg/d) to the domestic market for power generation.
The United States-based ExxonMobil has announced the appointment of Richard Laing as chairman and managing director of its three affiliates in Nigeria – Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production Nigeria (Offshore East).
Stakeholders in the oil and gas sector have called for proactive fiscal policy in the petroleum industry to fast track investment and infrastructure development in the country.
The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and profitability in line with the Next Level Agenda of President Muhammadu Buhari’s administration.
This was revealed by the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, who spoke in Abuja, saying the Federal Government requires $2billion to replace obsolete pipelines from Excravos to Kaduna.
The Inspector General of Police, Muhammad Adamu, has ordered investigations into a purported lawsuit challenging the legality of the States Judicial Panel of Inquiry probing alleged brutalities of the disbanded Special Anti-Robbery Squad (SARS).
An officer of the Nigeria Customs Service, Ogun 1 Area Command, has been declared missing as operatives of the command clashed with suspected smugglers along Olorunlere Village, near Alapoti town in Ado-Odo/Ota Local Government Area of Ogun State.
Maduka Okoye will be looking to keep a third clean sheet in his fifth Dutch Eredivisie game of the season tonight when Sparta Rotterdam host FC Emmen at the Sparta Stadion.
One of the most successful and respected trainers in the game, Mourinho has won trophies in every country he has worked and could be forgiven for a loss of motivation after amassing such an impressive haul of silverware.
In a bid to have free, fair and credible bye-elections into the Lagos East Senatorial and Kosofe 11 Constituency, Lagos State House of Assembly seats, the Lagos State Police Command has declared restriction of movement between 6 am and 6 pm on Saturday, December 5 2020.
The National Emergency Management Agency (NEMA) has commenced the distribution of relief materials to victims of flood, windstorm and fire in Obingwa, Osisioma and Ukwa West Local Government Areas of Abia.
Senate President Ahmed Lawan on Monday inaugurated empowerment programme for 300 newly wedded couples from less privileged families in Yobe North Senatorial District.
Governor Abdullahi Ganduje of Kano State and Governor Abdullahi Sule of Nasarawa state have on Friday night received the 2020 Peace Achievers International Awards.
Prime Minister Abiy Ahmed declared victory over the Tigray People’s Liberation Front (TPLF) after federal forces captured the northern region’s capital Mekelle at the weekend.
Biafra Nations League, BNL, has lambasted the Rivers State Governor, Nyesom Wike, describing him as a man who does not know his roots. The group...